Newmont Reports Strong Q1 Results with Record Cash Flow and Share Buyback Expansion
Newmont Corporation (NYSE:NEM) exceeded first-quarter earnings and revenue estimates, driven by record free cash flow and strong gold prices. The company approved a $6.0 billion share buyback program, despite a slight premarket decline in shares. Strong operational performance and falling costs contributed to a significant increase in net income.
Tickers: $NEM
Topics: Earnings Free Cash Flow Gold Mining Profit Growth Share Buybacks